WEF_GrowAfrica_AnnualReport2014
WEF_GrowAfrica_AnnualReport2014
WEF_GrowAfrica_AnnualReport2014
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Forward Look<br />
Forward Look<br />
FORWARD LOOK<br />
Investment and Partnering Opportunities<br />
PRIORITIES FOR PROGRESS<br />
Alignment and coordination will ensure new<br />
and existing partnerships bear fruit<br />
Whilst greater efforts to step up coordination between<br />
government agencies and with the private sector<br />
are anticipated, there is also a need to improve<br />
alignment amongst various initiatives and to ensure<br />
complementarity rather than duplication. In this<br />
respect, priorities for the year ahead include:<br />
•¡<br />
strengthening MOFA’s Agribusiness Development<br />
Division, including building capacity and coordination<br />
with the GIPC and formulating an internal strategy<br />
for how to respond to investment opportunities;<br />
•¡<br />
commencing annual mapping of interventions<br />
against METASIP to identify gaps;<br />
•¡<br />
addressing postharvest challenges for preservation<br />
and value addition along the value chain;<br />
•¡<br />
consideration of lower-cost and improved-access<br />
energy alternatives to support processing and<br />
transformation units;<br />
•¡<br />
improving road infrastructure for better access to<br />
markets, with the possibility of PPP and/or matching<br />
grants;<br />
•¡<br />
facilitating private-sector access to information on<br />
investment and finance opportunities, initiatives,<br />
and providing support to the PEF for establishing an<br />
electronic database;<br />
•¡<br />
development by GCAP of model lease agreements to<br />
guide both investors and landowners in negotiations,<br />
with provision of support for the formulation of a<br />
national framework for out-grower and contract<br />
farming arrangements;<br />
•¡<br />
promoting services offered by facilities such as the<br />
EDAIF and OVCF, reforming venture capital, and<br />
exploring the possibility of establishing a farmers’<br />
pension scheme;<br />
•¡<br />
fostering economically sustainable development of<br />
agricultural value chains in conjunction with efforts to<br />
advance the growth of established investment zones,<br />
such as SADA and South East Volta; and<br />
•¡<br />
following through on MOFA’s plans already underway<br />
to hold a roundtable conference in 2014 with a<br />
focus on local investors and exploring opportunities<br />
in Ghana, building on the efforts of MOFA’s<br />
Agribusiness Development Division and GCAP.<br />
The following investment opportunities have been<br />
identified by the Government of Ghana:<br />
Prospects in pilot integrated value chains<br />
Openings exist for investors interested in furthering the<br />
development of maize and soya value chains integrated<br />
with poultry in Ghana’s ecological region designated as<br />
the Transitional Zone.<br />
Contact: Emmanuel Asante Krobea,<br />
Director Crop Services | krobeasant@yahoo.com<br />
Scope for partnerships in<br />
commercial agriculture<br />
The Government of Ghana has engaged the World<br />
Bank and USAID in supporting the previouslymentioned<br />
GCAP agricultural development project.<br />
The project comprises three components, with the<br />
first focused on improving the overall investment<br />
climate for agricultural development in Ghana<br />
(including strengthening investment promotion<br />
infrastructure, facilitating secure access to land, and<br />
project management). Efforts under this component<br />
are aimed at clarifying and strengthening the rights<br />
and obligations of investors, government and affected<br />
communities. They will also help facilitate access to<br />
land by reducing search costs to potential investors<br />
through the expansion of a database of suitable<br />
landholdings (the “Land Bank”), and by building on<br />
emerging mechanisms for appropriately matching<br />
potential investors with landowners.<br />
The second and third components are focused on<br />
forging PPPs and smallholder linkages in the SADA<br />
and Accra Plains regions. These components will<br />
provide support for facilitating private investments<br />
through PPPs in inclusive commercial agricultural<br />
arrangements, complementary public investments, and<br />
technical assistance.<br />
Contact: Alabi Bortey,<br />
Coordinator GCAP | alabibortey@gmail.com<br />
General point of contact for investments<br />
Investors interested in learning more about<br />
opportunities in Ghana’s agribusiness sector should<br />
contact:<br />
Ghana Investment Promotion Centre |<br />
+233 302 665125(-9) | info@gipcghana.com<br />
In March 2013, SAB Miller launched Eagle, a cassava beer, in Ghana, and expects to source from over a 1000 smallholders.<br />
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Ghana<br />
Ghana<br />
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